Day: August 1, 2017

Since the early 80’s, bond funds have had the proverbial wind in their sails. Interest rates have steadily headed downwards and bond prices, which move inversely to interest rates, have stayed on an upward trajectory. In March, however, the Fed increased interest rates by 25 basis points (0.25%), and again in June. They also indicatedRead more about Understanding Your Portfolio’s Duration[…]